North Dakota, Oklahoma and Wyoming, where the number of drilling rigs is decreasing. Black Swan no one saw coming. Should the price of oil remain at these levels or go even lower then a lot of major financial institutions are going to be in trouble. Oil and Gas industry has seen incredible job growth during the recession, with nearly 800,000 new jobs being attributed to domestic fracking and drilling expansion. Ammo Name Here, whats wrong? This will certainly set off a chain reaction of problems in 2015. But with a sub-sixty dollar price point, its quite possible that all economic hell is about to break loose. This will lead to disastrous consequences.
Full Interview: King World News via, steve Quayle, on top of all the other problems being faced by Americans low wages, lackluster job growth, increased medical care costs, rising prices on essential goods, and more taxes to name a few could the sudden drop in the. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link. Those who fail to position themselves accordingly could experience serious damage to their wealth and well-being if and when this happens. Please contact us for permission to reproduce this content in other media formats). At over 100 barrel, there was plenty of money to go around. As we saw in 2008 it can happen quickly.
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On the surface the recent drop in the price of oil has been a huge boost to Americas pocket books. No longer in stockIncorrect number of roundsIncorrect grains/shot-sizeIncorrect priceIncorrect caliberIncorrect ManufacturerIncorrect fpsmislabeled remanufactured ammoBroken linkOther - Somethin aint right. One key example of this loss of public trust is when you look at the.1 trillion spending bill in the.S., where there was the dilution of the Dodd-Frank Act which now allows for bail-ins in the United States. Treasury Department has warned that the system is so volatile that should there be even a single hiccup in our governments ability to borrow money it would lead to a catastrophic effect lasting more than a generation. There are trillions of dollars of derivatives and leverage at play in financial markets, much of it centering around the oil gas industry. But according to some analysts we shouldnt be to quick to celebrate. While everybody appears to be celebrating the record highs on Wall Street, we are also seeing a loss of public trust.
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